shares

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NTPC Green Gets SEBI’s Nod for ₹100 Billion IPO

NTPC Green Energy has received approval from the Securities and Exchange Board of India (SEBI) to float its initial public offering (IPO) of equity shares. The company...

October 30, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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Strides Pharma to Procure Solar Power from AMPIN’s Project in Chennai

Bengaluru-based pharmaceutical company Strides Pharma Science has announced an investment of ₹16.1 million (~$191,495) to acquire a 2.48% stake in AMPIN Energy C&I...

October 28, 2024

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Tina Freese

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Finance and M&A

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Solar
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UltraTech Cement to Procure 7 MW More Power from Continuum MP Windfarm

UltraTech Cement, an Aditya Birla Group company, has said it will procure an additional 7 MW of wind-solar hybrid power from Continuum MP Windfarm, raising the total...

October 1, 2024

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Tina Freese

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Solar

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Wind
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Waaree Energies Gets SEBI Nod for ₹30 Billion IPO  

Mumbai-based manufacturer of solar PV modules Waaree Energies has received approval from the Securities and Exchange Board of India (SEBI) to float its initial public...

September 24, 2024

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Tina Freese

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Finance and M&A

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Solar

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Uncategorized
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Carborundum to Source 10 MW Power from Grian Energy’s Renewable Project

Engineering company Carborundum Universal (CUMI) has invested ₹80 million (~$954,426) for a 4.19% stake in New Delhi-based Grian Energy (GEPL) which is setting up a...

September 17, 2024

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Tina Freese

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Renewable Energy
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Samvardhana Motherson Acquires 11% Stake in Israel’s REE Automotive

Automotive component manufacturer Samvardhana Motherson International (SAMIL), through its wholly-owned subsidiary MSSL Consolidated, is acquiring up to 3.64 million...

September 17, 2024

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Tina Freese

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Electric Vehicles

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Finance and M&A
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Inox’s EPC Subsidiary Resco to Raise ₹3.5 Billion via Sale of Shares

Inox Wind (IWL) has announced that the board of its subsidiary Resco Global Wind Services (Resco Global), an engineering, procurement, and construction (EPC) solutions...

September 2, 2024

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Tina Freese

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Wind
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CESC Buys Majority Shares in Purvah Power for $24 Million

Kolkata-based power utility Calcutta Electric Supply Corporation (CESC) has acquired a 63.91% equity stake in Purvah Green Power at the cost of ₹2.05 billion (~$24.48...

August 1, 2024

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Staff

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Finance and M&A

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Solar
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Hero MotoCorp Increases Stake in EV Firm Ather by 2.2%

Hero MotoCorp has increased its stake in electric mobility firm Ather Energy by 2.2% by purchasing shares worth ₹1.24 billion (~$14.85 million). The indicative period...

June 11, 2024

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Namratha A Rai

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Electric Vehicles
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KPI Green To Acquire Majority Stake in Solar Developer KPark Sunbeat for ₹1.26 Billion

Renewable energy solutions provider KPI Green Energy is acquiring a 99.9% equity stake in solar power developer KPark Sunbeat for a consideration of ₹1.26 billion (~$15....

October 12, 2023

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Arjun Joshi

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Finance and M&A

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Solar
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Government to Sell Up to 4.9% Stake in SJVN

The Indian government is set to divest up to 4.92% of its stake in the state-owned power company SJVN through an Offer for Sale (OFS). The floor price for this stake has...

September 21, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Canadian Solar Subsidiary Announces IPO Pricing on Shanghai Bourse

Canadian Solar, a solar module manufacturer headquartered in Canada, has revealed the pricing for the shares of CSI Solar, its majority-owned subsidiary, as part of its...

June 1, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Finance Ministry Invites Bids from Merchant Bankers for IREDA IPO

The Ministry of Finance’s Department of Investment and Public Asset Management has invited bids from book-running lead managers (BRLMs) to help list the...

April 27, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Tata Power Renewable Approves Sale of 200 Million Shares to GreenForest

Tata Power Renewable Energy (TPREL), a fully owned subsidiary of Tata Power, has approved the allotment of 200 million compulsorily convertible preference shares to...

March 1, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Solar Tracker Firm NEXtracker Raises $638 Million in IPO

Integrated solar tracker and software solutions firm NEXtracker, a subsidiary of diversified manufacturing company Flex, has raised $638 million in an initial public...

February 10, 2023

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Gourav Mishra

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Finance and M&A

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Solar

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